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Democratic Party (United States)
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=== Income === The victory of Republican [[Donald Trump]] in 2016 brought about a realignment in which many [[Educational attainment in the United States|voters without college degrees]], also referred to as "[[working class in the United States|working class]]" voters by many sources, voted Republican.<ref name="Nate Silver">{{Cite web|url=https://fivethirtyeight.com/features/education-not-income-predicted-who-would-vote-for-trump/|title=Education, Not Income, Predicted Who Would Vote For Trump|date=November 22, 2016|website=FiveThirtyEight|first1=Nate|last1=Silver}}</ref><ref>{{Cite web|url=https://www.politico.com/news/magazine/2023/11/04/new-republican-party-working-class-coalition-00122822|title=The Emerging Working-Class Republican Majority|first=Patrick|last=Ruffini|date=November 4, 2023|website=POLITICO|access-date=December 26, 2023|archive-date=November 14, 2023|archive-url=https://web.archive.org/web/20231114142644/https://www.politico.com/news/magazine/2023/11/04/new-republican-party-working-class-coalition-00122822|url-status=live}}</ref> Until 2016, white voters with college degrees were a Republican-leaning group.<ref name="Polarization by education"/> From 1976 to 2012, lower income was strongly correlated to voting for the Democratic Party among the general electorate. However, in all three of Trump's elections in 2016, 2020, and 2024, the previous correlation between lower incomes and voting for the Democratic Party was largely eliminated.<ref name="culture trumps economic class">{{Cite web |title=How culture trumps economic class as the new political fault line|date=March 28, 2024|website=Silver Bulletin|access-date=January 13, 2025|first1=Nate|last1=Silver|url=https://www.natesilver.net/p/how-culture-trumps-economic-class}}</ref> For White voters, instead higher educational attainment was strongly correlated with higher support for the Democratic Party.<ref name="Harry Enten"/> In the 2024 presidential election, Democratic nominee [[Kamala Harris]] did better among higher-income voters than lower-income voters for the first time ever in modern American political history.<ref name=":0"/><ref name="Lost Their"/><ref name="Too Rich">{{Cite web|url=https://nymag.com/intelligencer/2021/09/is-america-too-rich-for-class-politics.html|title=Is America Too Rich for Class Politics?|access-date=December 2, 2024|website=New York Magazine|date=September 29, 2021|first1=Eric|last1=Levitz}}</ref> Two causes of this are higher educational attainment being strongly correlated to higher income, and the [[2021-2023 inflation surge]], because lower-income voters lose [[Purchasing power|purchasing power]] while higher-income voters gain from [[financial asset|asset prices]] increasing due to inflation, including [[Stock|stocks]] and [[real estate]].<ref name="Economy Sucks">{{Cite web|url=https://www.ft.com/content/b0a60325-4c93-49a0-8dc6-817f0d8281fc|title=This was an election on the US economy. And for many Americans, the economy sucks|date=November 8, 2024|website=The Financial Times|access-date=November 8, 2024|first1=Tej|last1=Parikh}}</ref>
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